Perma-Pipe Reports Director, Officer, and Compensation Changes
Ticker: PPIH · Form: 8-K · Filed: Dec 5, 2025 · CIK: 914122
| Field | Detail |
|---|---|
| Company | Perma-Pipe International Holdings, Inc. (PPIH) |
| Form Type | 8-K |
| Filed Date | Dec 5, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, filing-update
TL;DR
Perma-Pipe shakes up board and exec comp - watch for new strategy.
AI Summary
Perma-Pipe International Holdings, Inc. filed an 8-K on December 5, 2025, reporting changes related to its directors and officers, including elections and appointments. The filing also covers compensatory arrangements for certain officers. The company, formerly known as MFRI Inc. and Midwesco Filter Resources Inc., is incorporated in Delaware and headquartered in The Woodlands, Texas.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in directors and officers, along with compensatory arrangements, can indicate internal shifts that may carry associated risks or opportunities.
Key Numbers
- 001-32530 — SEC File Number (Identifies the company's filing with the SEC.)
- 36-3922969 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Perma-Pipe International Holdings, Inc. (company) — Registrant
- MFRI Inc. (company) — Former company name
- Midwesco Filter Resources Inc. (company) — Former company name
- Delaware (jurisdiction) — State of incorporation
- The Woodlands, Texas (location) — Business address
FAQ
What specific changes were made to the board of directors?
The filing indicates elections of directors, but does not specify names or the exact nature of the changes in this summary.
Who are the newly appointed officers?
The filing mentions the appointment of certain officers but does not provide their names in the provided text.
What are the details of the compensatory arrangements for officers?
The filing notes that compensatory arrangements of certain officers are covered, but specific details are not included in this excerpt.
When was the company formerly known as MFRI Inc.?
The date of the name change from MFRI Inc. was April 2, 1997.
What is Perma-Pipe's fiscal year end?
The company's fiscal year ends on January 31.
Filing Stats: 822 words · 3 min read · ~3 pages · Grade level 10.8 · Accepted 2025-12-05 08:59:29
Filing Documents
- ppih20251202_8k.htm (8-K) — 33KB
- ex_894808.htm (EX-99.1) — 14KB
- logo.jpg (GRAPHIC) — 7KB
- 0001437749-25-036954.txt ( ) — 188KB
- ppih-20251201.xsd (EX-101.SCH) — 3KB
- ppih-20251201_def.xml (EX-101.DEF) — 12KB
- ppih-20251201_lab.xml (EX-101.LAB) — 15KB
- ppih-20251201_pre.xml (EX-101.PRE) — 12KB
- ppih20251202_8k_htm.xml (XML) — 3KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers. Appointment of Richard M. Sherrill On December 5, 2025, the Board of Directors (the "Board") of Perma-Pipe International Holdings, Inc. (the "Company") appointed Richard M. Sherrill to the Board, effective immediately. Mr. Sherrill was also appointed to serve on the Audit, Compensation, and Nominating and Governance Committee, concurrently with the commencement of his appointment to the Board. Mr. Sherrill, 59, has served as a member of the Board of Talos Energy, Inc. ("Talos"; NYSE: TALO) since February 2023, an upstream oil and natural gas exploration company. Mr. Sherrill also serves as the Senior Vice President of Business Development for Howard Energy Partners, a private midstream energy infrastructure company. From 2003 to 2019, Mr. Sherrill was the President and a board member of Ceritas Energy LLC, a midstream infrastructure company focused on midstream gathering and process solutions in various onshore regions of the United States of America and backed by private equity firms Quantum Energy Partners and Energy Spectrum Partners and was a founder of the company in 2003. From 1999 to 2003, Mr. Sherrill held various senior management roles at Duke Energy Corporation, which led to his appointment as Chief Operating Officer over the company's North American commercial activities in the deregulated natural gas and power space. From 1992 to 1999, Mr. Sherrill served in various capacities for Dynegy, Inc. Prior thereto, Mr. Sherrill began his career with First Interstate Bank of Texas, now a part of Wells Fargo, serving upstream, midstream, and energy merchant clients as a component of the firm's Energy Lending Group. Mr. Sherrill graduated from the University of Texas at Austin in 1988 with a Bachelor of Business Administration degree in finance. In connection with the appointment of Mr. Sherrill as a
01
Item 7.01 Regulation FD Disclosure. On Decemb er 5, 2025, the Company issued a press release announcing the events described in Item 5.02. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated by reference herein.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. The following exhibits are filed or furnished herewith: Exhibit Number 99.1 Press Release of Perma-Pipe International Holdings, Inc., dated December 5, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PERMA-PIPE INTERNATIONAL HOLDINGS, INC. Date: December 5, 2025 By: /s/ Matthew E. Lewicki Matthew E. Lewicki Vice President and Chief Financial Officer